Question

tell what is profit or loss in the following transaction also find the profit percent or loss percent in each

a) gardening shears bought for RS 250 and sold for RS 325
b) a refrigerator bought for RS 12,000 and sold at RS 13,500

Answer 1

Answer:

The cost price of gardening shears = Rs. 250

The selling price of gardening shears Rs. 325

Since S.P. > C.P. therefore here is profit.

.. Profit = S.P. - C.P. = 325 - 250 = Rs. 75

Now Profit% =

Profit C.P X 100

75 250 x 100 = 30%

Therefore, Profit Rs. 75 and Profit% = 30%